The Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN) is an equity ETF with $0.01 billion in assets under management and an expense ratio of 0.45%. GCLN seeks to provide exposure to companies expected to significantly impact energy decarbonization, tracking an index focused on clean energy. The fund invests at least 80% of its assets in securities included in its underlying index, or depositary receipts representing those securities, offering a targeted approach to the clean energy sector.
The Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN) is an equity ETF with $0.01 billion in assets under management and an expense ratio of 0.45%. GCLN seeks to provide exposure to companies expected to significantly impact energy decarbonization, tracking an index focused on clean energy. The fund invests at least 80% of its assets in securities included in its underlying index, or depositary receipts representing those securities, offering a targeted approach to the clean energy sector.
ETF Overview
The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to companies that are expected to have a significant impact on energy decarbonization through their exposure to clean energy.
GCLN aims to capture the performance of companies involved in the clean energy transition. It achieves this by investing in securities included in its underlying index, focusing on companies expected to have a significant impact on energy decarbonization. The fund's top holdings include companies like Tesla Inc (6.14%), Iberdrola SA (5.10%), and NextEra Energy Inc (4.85%), reflecting a mix of renewable energy producers and related technology providers. With a significant allocation to Utilities (64.5%) and Industrials (15.9%), GCLN provides exposure to the infrastructure and manufacturing aspects of the clean energy sector. The fund's country exposure is primarily to the United States (59.2%), with a significant portion in other countries (37.5%) indicating a global approach to clean energy investments. GCLN may be suitable for investors seeking targeted exposure to the clean energy sector through a diversified portfolio of companies involved in energy decarbonization.
Risk Metrics
GCLN's concentration in the utilities sector (64.5%) presents a sector-specific risk, as the fund's performance is heavily reliant on the performance of utility companies. The fund's top 10 holdings constitute a significant portion of its assets, indicating concentration risk within its portfolio. With a 0.45% expense ratio, GCLN's cost could slightly detract from overall returns, especially when compared to lower-cost alternatives. The fund's beta is currently 0.00, indicating it has not exhibited significant volatility relative to the market, but this may change over time. Past performance does not guarantee future results.
The Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN) is an exchange-traded fund that aims to provide investment results that closely correspond to the performance of its underlying index. The fund invests at least 80% of its assets in securities included in its underlying index, focusing on companies expected to have a significant impact on energy decarbonization through their exposure to clean energy. This includes companies involved in renewable energy production, energy storage, and related technologies. GCLN offers investors a targeted way to access the clean energy sector through a diversified portfolio.
What is the expense ratio for GCLN?
The expense ratio for GCLN is 0.45%. This means that for every $10,000 invested in the fund, $45 is deducted annually to cover operating expenses. While this is not the lowest expense ratio available in the equity ETF category, it is important to consider the fund's specific investment strategy and potential returns when evaluating its overall cost-effectiveness. The expense ratio will impact the net return to investors over time.
What are the top holdings in GCLN?
As of 2026-03-15, the top holdings in GCLN include Tesla Inc (6.14%), Iberdrola SA (5.10%), and NextEra Energy Inc (4.85%). These holdings represent a significant portion of the fund's assets and reflect its focus on companies involved in clean energy and related technologies. Other notable holdings include Enel SpA (4.12%) and Contemporary Amperex Technology Co Ltd Class A (3.32%). The fund's allocation to these companies contributes to its overall performance and exposure to the clean energy sector.
Is GCLN a good long-term investment?
Evaluating GCLN as a long-term investment requires careful consideration of its investment strategy, risk profile, and the overall outlook for the clean energy sector. The fund's focus on companies expected to have a significant impact on energy decarbonization positions it to potentially benefit from the long-term growth trends in renewable energy. However, investors should also be aware of the fund's sector concentration and expense ratio. Past performance does not guarantee future results, and potential investors should conduct thorough research before making any investment decisions.
How does GCLN compare to similar ETFs?
GCLN differentiates itself through its specific index and stock selection methodology, focusing on companies expected to have a significant impact on energy decarbonization. Its expense ratio is 0.45%. Other clean energy ETFs may have different expense ratios, asset allocations, or investment strategies. Investors should compare GCLN's holdings, sector exposure, and performance to those of other similar ETFs to determine which fund best aligns with their investment objectives and risk tolerance. GCLN's AUM is relatively small at $0.01B compared to more established ETFs in the clean energy space.
Does GCLN pay dividends?
As of 2026-03-15, GCLN has a dividend yield of 0.00%. This indicates that the fund is not currently distributing any dividends to its shareholders. Investors seeking income-generating investments may want to consider other ETFs with a higher dividend yield. However, GCLN's focus on growth-oriented companies in the clean energy sector may prioritize capital appreciation over dividend payments.